Ameresco and Powin Sign Multiyear Supply Agreement

Leading cleantech integrator Ameresco and global energy storage company Powin announced the signing of a long-term non-exclusive purchasing framework agreement for Powin to provide Ameresco with 2,500 MWh of its modular BESS Stack750 product as part of its Centipede hardware platform.

The intention of the long-term purchase agreement is to supply a portion of Ameresco’s BESS needs through mid-2025 and be used in Ameresco’s project and asset installations for a wide array of customers ranging from small municipal utilities to large Federal projects. 

Ameresco selected Powin’s system due to the fact that the modular design of the Stack750 product is applicable for a variety of Ameresco’s customer needs and requires lesser lead time to deploy, reduced space on-site, and a lower total capital cost.

At the beginning of the year, Powin announced the production of its Centipede platform in North America, further aiding Powin’s ability to navigate supply chain challenges and allow its customers to have the products needed to execute projects.

Geoff Brown, CEO, Powin, stated, “Ameresco has built a reputation as a trusted partner of the U.S. government, major corporations, and utilities in deploying renewable energy projects and battery energy storage systems. We are pleased that the Ameresco has selected Powin as one of their partners as they expand their energy storage business. With our new North American production facility, we plan to provide Ameresco with both the advanced, modular, and energy-dense hardware required for their use cases as well as the experience needed to navigate supply chain constraints.”